The Arena Group Holdings, Inc. (AREN) Market Cap
The Arena Group Holdings, Inc. has a market capitalization of $57.1M.
Price: $1.20
▲ 0.03 (2.56%)
Market Cap: 57.12M
AMEX · time unavailable
CEO: Paul Taylor Edmondson
Sector: Communication Services
Industry: Internet Content & Information
IPO Date: 2008-01-29
Website: https://www.thearenagroup.net
The Arena Group Holdings, Inc. (AREN) - Company Information
Market Cap: 57.12M|Sector: Communication Services
Company Profile
The Arena Group Holdings, Inc. and its associated companies manage a digital media business with operations across the United States and globally. Central to its offerings is "The Platform," a custom-built online publishing system. This advanced platform incorporates a wide range of technologies, including content creation tools, video hosting capabilities, social media distribution channels, email newsletter technology, artificial intelligence-driven content recommendations, notification systems, and other proprietary innovations. The company rebranded to The Arena Group Holdings, Inc. in February 2022, having previously been known as TheMaven, Inc. Founded in 1990, its corporate headquarters are located in New York, New York.
Analyst Sentiment
From 1 Active Polls
1Y Forecast: $6.00
▲ +400.0% Potential Upside
Consensus Target Metrics
Low Bound
$6
Median
$6
High Bound
$6
Average
$6
Price & Moving Averages
🎯 Wall Street Analyst Intelligence Report
1-Year structural target targets, chart projections, and sentiment maps.
Consensus Trend Projection
Trailing closures vs. 12-month metrics map.
Analyst Vote Distribution
Aggregate institutional coverage sentiment weights.
📊 Historical Valuation Multiples
Real-time Trailing Twelve Month (TTM) momentum side-by-side with discrete quarterly metrics.
| Fiscal Quarter | TTM | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Trailing 12M | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 |
| Market Cap ($M) | 57 | 103 | 190 | 259 | 294 | 82 | 64 | 30 | 24 |
| Enterprise Value ($M) | 146 | 192 | 280 | 360 | 403 | 199 | 183 | 139 | 144 |
| Price to Earnings Ratio (P/E) | 0.48 | -9.04 | 9.09 | 9.77 | 0.68 | 5.11 | 2.39 | 1.83 | -0.73 |
| Price/Earnings-to-Growth Ratio (PEG) | — | — | — | — | 0.02 | — | 0.30 | 0.08 | — |
| Price to Sales Ratio (P/S) | 0.46 | 5.05 | 6.72 | 8.71 | 6.53 | 2.58 | 1.76 | 0.90 | 0.88 |
| Price to Book Ratio (P/B) | -7.68 | -13.89 | -39.35 | -24.95 | -16.96 | -0.65 | -0.49 | -0.22 | -0.15 |
| Price to Free Cash Flow Ratio (P/FCF) | 1.98 | 86.46 | 17.55 | 30.81 | 35.06 | 40.17 | -5.83 | -8.29 | -7.43 |
| Enterprise Value to Sales (EV/Sales) | — | 9.40 | 9.90 | 12.08 | 8.94 | 6.26 | 5.05 | 4.14 | 5.30 |
| Enterprise Value to EBITDA (EV/EBITDA) | 3.75 | 122.65 | 28.37 | 34.93 | 23.38 | 21.07 | 14.50 | 13.41 | -616.09 |
| Debt to Equity Ratio | 2.28 | -13.48 | -20.74 | -10.87 | -6.67 | -0.95 | -0.95 | -0.83 | -0.80 |
📰 Market News & Coverage
15 Stories AvailableReal-time institutional reporting and market updates for AREN.
The Arena Group and I-dentity Group Unveil the “Travel Adventure Network” and First Resort Property in Cap Cana, Dominican Republic
NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN), the brand, data and IP company that builds, acquires and scales high-performing digital assets—home to many of the nation's most recognizable brands including Parade, TheStreet, Men's Journal, Athlon Sports, ShopHQ, TravelHost and the Adventure Sports Network (ASN) (Surfer, Powder, etc)—today announced the launch of the Travel Adventure Network online travel agency and the first-ever ASN banner branded resort in pa.
The Arena Group to Host Second Quarter 2026 Financial Results Conference Call on Monday, August 10, 2026
NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), the brand, data and IP company that builds, acquires and scales high-performing digital assets—home to many of the nation's most recognizable brands including Parade, TheStreet, Men's Journal, Athlon Sports, ShopHQ, TravelHost and the Adventure Sports Network (ASN) (Surfer, Powder, etc) and more—today announced that it will release its financial results for the second quarter en.
How Arena Covered Its Entire ZoomInfo Contract Cost in the First Month
VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo (NASDAQ: GTM), the all-in-one AI GTM platform, has reported that Arena, a communication platform that helps businesses build online communities, generated enough business in its first month on ZoomInfo to cover the entire cost of its contract, according to the company. Arena, founded in 2017, gives companies of every size a way to connect their users through group conversations and direct messages. Its customers range from early-stage startups to publ.
Kaskela Law LLC Announces Investigation of The Arena Group Holdings, Inc. (AREN) and Encourages Long-Term AREN Shareholders to Contact the Firm
NEWTOWN SQUARE, Pa.--(BUSINESS WIRE)--Kaskela Law is investigating The Arena Group Holdings, Inc. (NYSE: AREN) (“Arena Group”) on behalf of the company's current shareholders. The investigation seeks to determine whether Arena Group and/or the company's officers and directors violated the securities laws or breached their fiduciary duties in connection with recent corporate actions. Arena Group shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.
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AMC Enters Live Concerts: Can Arena One Become a New Growth Driver?
AMC's Arena One is to bring live concerts to 300-plus U.S. theaters, adding alternative content as box office recovery remains its main growth engine.
Parade and Steller Announce Lodi, California, as the National Winner of the "America's Favorite Small Towns 2026" Competition
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FANDUEL TV ASSEMBLES THREE LEGENDARY US MEN'S SOCCER HEAD COACHES FOR WORLD CUP SHOW
"Coaches Corner" Brings Together Gregg Berhalter, Bruce Arena and Bob Bradley, Three US Men's Soccer Head Coaches Who Shaped American Soccer, for a 10-Episode Series Premiering June 1 NEW YORK, May 27, 2026 /PRNewswire/ -- FanDuel, North America's premier online gaming company, today announced Coaches Corner, a 10-episode original series premiering June 1 that unites the three head coaches of the United States Men's Soccer for the first time. Gregg Berhalter, Bruce Arena and Bob Bradley join veteran broadcaster Rob Stone for unfiltered match analysis, tactical breakdowns and insider storytelling throughout the upcoming World Cup.
RTB Debuts on Nasdaq: AI/DeFi Media Platform “Roundtable” to Trade as RTB
Roundtable begins trading on Nasdaq, CEO James Heckman Announces Nasdaq Approval, Full Compliance and Closing of the RYVYL Merger as RTB Begins Trading on Nasdaq SEATTLE, WA, May 13, 2026 (GLOBE NEWSWIRE) -- RTB Digital, Inc. (NASDAQ: RTB) announced today the successful closing of its merger with RYVYL Inc. (NASDAQ: RVYL), and the commencement of trading of the combined company's common stock on the Nasdaq Capital Market. RTB is the world's only full-stack enterprise media platform, The platform represents what the Company describes as a multi-generational leap in technology, engineered to transform the global media industry from Web1 to Web4.
The Arena Group Holdings, Inc. (AREN) Q1 2026 Earnings Call Transcript
The Arena Group Holdings, Inc. (AREN) Q1 2026 Earnings Call Transcript
The Arena Group Reports Q1 2026 Results
NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (“The Arena Group” or “Arena”), the brand, data and IP company home to many of the nation's most recognizable brands, including Parade, TheStreet, Men's Journal, Athlon Sports, ShopHQ and the Adventure Network (including Surfer, Powder, Bike Magazine and more), today announced financial results for the three months ending March 31, 2026 (“Q1 2026”). Financial Highlights for Q1 2026: First quarter revenue was $20.4 m.
Arena One and AMC Theatres® Launch a First-of-its-Kind, Shared Live Concert Experience Nationwide Beginning in June
LEAWOOD, Kan.--(BUSINESS WIRE)--Soon, attending a live concert won't require a plane ticket, an arena seat, or a distant view of the stage. Arena One, a new live entertainment company, and AMC Theatres (NYSE: AMC), the largest theatrical exhibitor in the United States and in the world, today announced the launch of Arena One at AMC, a new live concert format that brings fans together nationwide for a single, interactive, real-time concert event. Debuting in June 2026, this groundbreaking concer.
AMC to screen live concerts through Arena One partnership
AMC has partnered with Arena One to bring real-time concert events to theatrical audiences. The in-theater concerts will use technology to connect the musical artist with moviegoers, transmitting sound from audiences around the country back to the performer.
The Arena Group Reschedules Q1 2026 Earnings Conference Call to Monday, May 11, 2026
NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN), the brand, data and IP company that builds, acquires and scales high-performing digital assets—home to many of the nation's most recognizable brands including TheStreet, Parade, Men's Journal, Athlon Sports, Surfer, ShopHQ and more—today announced that its Q1 2026 financial results conference call has been rescheduled from Friday, May 8, 2026 at 8:30 a.m. ET to Monday, May 11, 2026 at 4:30 p.m. ET, due to a schedul.
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📊 AI Financial Analysis
Powered by StockMarketInfo"AREN reported a sharp deterioration in 2026-03-31 (Q1) fundamentals: Revenue declined to $20.41M from $28.24M in Q4’25 (QoQ -27.7%), and fell from $31.82M in Q1’25 (YoY -35.8%). Net income swung to a loss of -$2.66M versus +$5.33M in Q4’25 (QoQ deterioration) and +$4.02M in Q1’25 (YoY deterioration of about -$6.68M). Consequently, EPS was -$0.06 vs +$0.11 in Q4’25 and +$0.0847 in Q1’25. Profitability contracted materially: gross margin fell to 34.7% from 43.6% in Q4’25 and from 49.3% in Q1’25, while operating margin moved from +26.6% (Q4’25) to -1.5% (Q1’26). Cash flow was modestly positive: operating cash flow was +$1.96M and free cash flow +$1.96M, but it was far below the prior quarter (+$13.12M OCF in Q4’25). The balance sheet shows high leverage with negative equity (-$7.42M) despite $11.23M cash; long-term debt remains ~99.6M, implying constrained resilience. Total shareholder return looks weak given price momentum/return: the stock is down -31.77% over 1Y, with no dividend yield and no buybacks/dividends reported in the quarter. Analyst valuation metrics are also challenging (consensus target $10 vs current ~$1.89)."
Revenue Growth
Q1’26 revenue $20.41M: QoQ -27.7% (vs Q4’25) and YoY -35.8% (vs Q1’25), indicating clear contraction.
Profitability
Gross margin fell to 34.7% (from 43.6% QoQ; 49.3% YoY). Net income moved to -$2.66M vs +$5.33M QoQ and +$4.02M YoY; EPS -$0.06.
Cash Flow Quality
Q1’26 operating cash flow +$1.96M and free cash flow +$1.96M, but this is a major drop from Q4’25 (+$13.12M OCF). No dividends/buybacks reported; loss quarter reduces cash earnings support.
Leverage & Balance Sheet
High leverage persists with long-term debt ~99.6M and net debt ~88.7M; total stockholders’ equity remains negative (-$7.42M), signaling limited balance-sheet resilience.
Shareholder Returns
1Y price change -31.77% (capital loss). Dividend yield is 0 and no buybacks/dividends were reported in Q1’26, so total shareholder return is unattractive.
Analyst Sentiment & Valuation
Consensus price target appears far above current (~$10 target vs ~$1.89 price), suggesting potential upside, but the fundamentals in the latest quarter deteriorated sharply.
Disclaimer:This analysis is AI-generated for informational purposes only. Accuracy is not guaranteed and this does not constitute financial advice.
Fundamentals Overview
So What?: Q1 2026 was a deliberate “optimization trough” for Arena. Revenue fell to $20.4M (from $31.8M) and adjusted EBITDA dropped sharply to $1.7M, largely because management ran aggressive AI/UX monetization tests that temporarily harmed revenue and delayed yield lift. The key pivot is that monetization reached parity with typical levels by late March, with additional monetization growth expected into Q2 and through the remainder of 2026. Management attributes the remaining earnings drag to over $1M of severance/professional fees tied to legal/organizational activities they expect not to recur materially. Structurally, value creation is tied to Encore AI, machine-learning ad stack enhancements, and a direct sales partnership with Playwire intended to shift premium inventory toward higher-value direct ads. Commerce momentum (ShopHQ order growth; added partners) supports a second growth leg, but near-term results remain sensitive to traffic/referral variability and the timing of monetization normalization.
Growth Catalysts
- Encore AI platform to drive yield improvements through 2026
- Machine learning ad stack enhancements to improve monetization
- Ongoing AI-driven deployment of proprietary applications to scale editorial coverage into undercovered content areas
- Reorganized video efforts under Jermaine Spradley to centralize execution and support clip-economy growth
- ShopHQ expansion and social selling execution (TikTok Shop launch in Q2) to drive commerce order growth
Business Development
- Direct sales partnership with Playwire to sell high-impact direct advertising across the U.S. and internationally
- ShopHQ added 40 partners supplying 44 brands during Q1 2026
- Men's Journal Spirit Shop/spirits giveaway partnership with Stephen Curry's Gentleman's Cut Bourbon
Financial Highlights
- Revenue declined to $20.4M from $31.8M year-over-year; management cited adverse impact from technical testing 'in the millions' plus referral traffic pattern changes
- Adjusted EBITDA fell to $1.7M from $9.7M; drivers included lower digital advertising revenue plus elevated severance and professional fees totaling over $1M
- Net loss of $2.7M in Q1 2026 vs net income of $4.0M in Q1 2025
- Monetization recovered to parity with typical levels in late March; management guided that monetization growth continued into Q2
- Cash increased approximately $1.0M from $10.3M (Dec 31, 2025) to $11.2M (Mar 31, 2026)
- No explicit bps changes were provided; commentary focused on sequential yield/monetization improvement rather than margin basis points
Capital Funding
- Cash balance increased to $11.2M as of March 31, 2026 from $10.3M at Dec 31, 2025
- Working with a leading commercial bank to replace existing debt facility; expected to reduce debt servicing costs and strengthen flexibility (no amounts disclosed)
- No buyback authorization or repurchase amounts disclosed in the transcript
Strategy & Ops
- Deliberately used seasonally lower yield quarter to accelerate AI integration and run aggressive audience/monetization technical testing
- Testing targeted ad density, page layout, and other user-experience changes; ineffective changes were turned off when they negatively impacted monetization
- Transitioned AI integration from experimental phase into aggressive proprietary application deployment within operational workflow
- Consolidated video efforts by consolidating brands under a single leader, Jermaine Spradley, to eliminate silos and create a lean centralized engine
- Commerce: scaling e-commerce engine via partner integrations and performance marketing while pivoting to future of social selling
Market Outlook
- Management expects yields to improve sequentially throughout 2026 (specific timing: improving through Q2 and remainder of year)
- Management described Q1 monetization as established to where needed by late March and expects continuation into Q2 and beyond
- Three traditionally strongest quarters ahead; company expects to share progress in subsequent quarters
Risks & Headwinds
- Revenue and EBITDA pressured by softer traffic/referral traffic pattern changes versus the prior period
- Technical testing adversely impacted revenue 'in the millions' and reduced monetization temporarily during the quarter
- Elevated severance and professional fees (over $1M) increased costs in Q1 (management expects limited ongoing impact)
- Seasonally soft revenue quarter (historically) created near-term trough pressure
Q&A: Analyst Interest
- Revenue bridge: management split Q1 revenue pressure between traffic patterns and monetization optimization/testing, explaining tests were designed to improve yield longer-term but initially hurt monetization; Jeff said traffic in Q1 resembled Q4’s healthy level and monetization reached parity in late March.
- Trough and margin normalization: analyst asked if Q1 was the trough and what margin return looked like. Management replied that monetization impacts identified by late March plus Q1 seasonality and one-time legal/severance effects should be behind them, implying much better remaining-quarter performance for 2026.
- Mechanics of revenue impact: question sought how monetization testing affected revenue specifically. Management described testing involving ad density and page layout changes that can harm monetization, then selectively turning off changes not improving audience growth, before restoring to expected monetization levels by late March.
Sentiment: CAUTIOUS
Note: This summary was synthesized by AI from the AREN Q1 2026 earnings transcript. Financial data is complex; please verify all metrics against official SEC filings before making investment decisions.
📋 Official Regulatory 10-K / 10-Q SEC Filings
Direct authenticated documentation links to audited SEC database reports for AREN.